BGF ballarat goldfields nl

getting ready to run

  1. 9,081 Posts.
    Watch this one if we get close today of anything in excess of 23c - first target is low 30c range.

    BGF needs to break through the 2000 high of 33c to really get a wriggle on.

    This is one gold stock I like. It has a long mine life (in excess of 20 yrs) and has plans to ramp up production to 200,000 oz p/a.

    BGF has the staying power to catch the wind of the next leg up in the gold price move. That could be some time off but BGF is showing remarkable strength as a gold stock in the face of a becalmed gold price.

    It could all change very dramatically and a position taken now in this stock could be richly rewarded further down the track.
 
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